21-48-3. Default required before foreclosure.
33 words·~1 min read·
/sd/title-21/chapter-21-48/21-48-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
To entitle any party to foreclose by advertisement, it shall be necessary that some default in a condition of such mortgage shall have accrued, by which the power to sell has become operative.